Property prices for sale in Holland (Michigan)
The prices in real estate in Holland, in the Michigan region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Holland has increased strongly during the last 6 months. In October, the average price per sq.feet was $441. In the following month the price per sq.feet increased considerably to $776. The price for the following two months in (December, January) decreased 88 % with regard to the prior two months. The price per sq.feet has decreased 87 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $571.75 to $497 during February, and March.
Based upon to the price in Holland (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $456,608. In November This price remains at $461,718. In the following two months the average price has remained the same with regard to the previous two months from $459,163 to $473,537. Based on an analysis of the first four prices and the last two months the average price has risen strongly 123 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $588,134 they are 43 % more affordable than the average price for Holland. The properties with the lowest average price have 2 bedrooms, Their price is 14 % cheaper than the average. After that we have properties with 4 bedrooms priced at $475,641.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $252 / sq.feet, with an average $518 / sq.feet price in Holland. The properties with the lowest average prices have 2 bedrooms. They are 36 % cheaper than the average followed by properties with 1 bedroom with a price at $290 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $588,134 it is 73 % cheaper than the average price in Holland. "Apartment" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Condo". At a price of $550,473 it is 218 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $26 / sq.feet followed by "Apartment" priced at $161 / sq.feet. "Land" is the most costly type of property with a $87,464 / sq.feet cost followed by "House" with an average price of $412 / sq.feet.
